The UK banking system is undergoing a serious overhaul that early estimates suggest will impact nearly a million customers. New ring-fencing rules mean the UK’s biggest banks need to make changes that ...

Banks are writing to around one million customers to tell them their sort code is changing. Most of those affected are Barclays and HSBC customers, plus some overseas personal and business customers ...

One million UK banking customers are to receive new six-digit sort codes as part of new financial safety changes, the Bank of England has said. A number of banks - including Barclays and HSBC - have ...

Nationwide Building Society is sending customers new sort codes and account numbers as the group brings in a major change to accounts. Reports on the matter broke when a customer noticed they had ...

When Peter Teich’s money went to another Barclays customer, the bank offered £25 as a token gesture It is the stuff of financial nightmares. You get one digit wrong on the sort code, and send a huge ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. My financial adviser put the wrong bank sort code on forms for my investment company, resulting in £2,000 in ...